Reported 6 months ago
Nvidia reported strong earnings in its fiscal first-quarter 2025, driven by AI chip demand, with CEO Jensen Huang highlighting the surge in data center deployments. The positive results from Nvidia are expected to boost US and international stock markets, including Japan's Nikkei 225. Additionally, JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon shared insights on the Federal Reserve's interest rate outlook, with Dimon mentioning the possibility of a hard landing for the US due to inflation concerns and Solomon stating that the Fed is unlikely to cut rates this year.
Source: YAHOO